Report: Knicks, Phil Jackson have deal in principle for him to be team president. Or not. Depends on who you ask.

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UPDATE 8:30 a.m. While the New York Post reported a deal is done in principle (read below) they are the only ones so far, with other reports saying things are close but negotiations are ongoing.

For example, check out what Frank Isola reports at the New York Daily News.

The Daily News has learned that Dolan has solicited the help of Bradley, Jackson’s former Knicks teammate and longtime friend, to serve as an intermediary in the club’s negotiations with the Hall of Fame coach, who is contemplating a lucrative deal to run the Knicks….

The source claims that reports of Jackson being offered an annual salary of $12 million are erroneous and that Jackson could be looking at a deal that pays him in excess of $15 million. The person close to Jackson also indicated that the two sides have had preliminary discussions about Jackson possibly owning a minority stake in the team.

In addition the ability for Jackson to live in Los Angeles (with fiancee Jeanie Buss, co-owner of the Los Angeles Lakers) part of the time during the season is on the table.

Understand that the leaks of Jackson coming and a deal being close give him leverage in these negotiations — he knows Dolan wants him, wants to save face with the fan base and he can use that to get even more out of the talks. This is the kind of game Jackson plays so well. He projects the air he is willing to walk away from the table (and he may well be, it’s not like he needs the money) and that squeezes the Knicks.

I still expect a deal to get done. But if Jackson can squeeze more money or more perks out of the negotiations, you can bet he will.

1 a.m. There’s a lot of reasons this marriage is likely to end up in divorce court, for the ending of this to be ugly.

But when did that ever stop people from getting married?

It’s been rumored for days the Knicks and Jackson were close to a deal, now the two sides have reached an agreement in principle, reports the New York Post.

Phil Jackson has reached an agreement in principle to oversee the Knicks basketball operations and “president’’ will be in his title, according to a league source.

All that’s left is the lawyers finalizing the last contract details by week’s end before Jackson officially returns to the organization that drafted him and where he won two titles as a player.

First off, take this report with a grain of salt. It is possible the details and/or the lawyers trip this up. Reports within the last 48 hours from Jackson’s camp said there were a lot of things still to be worked out (which includes living arraignments for Jackson, who currently lives in Los Angeles with his fiancée Jeanie Buss, part owner of the Los Angeles Lakers). Until there is ink on the contract and Jackson is standing at the podium making it official, this could all come undone.

This would be Jackson’s first time in a front office role and he will team with Steve Mills, the current GM, who will likely do a lot of the leg work. Jackson would return to the franchise that drafted him in 1967 and where he won two rings as a player.

What ultimately matters most is Jackson’s relationship with owner James Dolan. It is Dolan that likes to meddle in player/personnel decisions and has pushed the Knicks roster in a direction that it is way into the luxury tax but will not make the playoffs.

Jackson has this almost Jedi mind trick where he got players to buy into the system and play the role he wanted, but got them to think it was their idea (and when it’s your idea you fully buy into things). If he can work that magic with Dolan, essentially keeping the owner at arm’s length, then he will have a fighting chance to fix the roster. Jackson will provide at least a needed direction to a team that in recent years just seemed to assemble parts without a master plan. However what Dolan demands of his employees is more than that — such as radio silence with the media, a rule Jackson is unlikely to follow.

With this signing Dolan can save face with this after an ugly season, and he can now turn to free agent to be Carmelo Anthony this summer and say, “Hey, you wanted to see a rebuilding plan, I present you Phil Jackson and his 11 rings.”

But ultimately Dolan and Jackson will clash. It will get ugly. Then Jackson will leave and write another book.

Grizzlies beat slumping Pacers, who fall into tie for final playoff spot

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MEMPHIS, Tenn. (AP) — Mike Conley matched his career high with seven 3-pointers on his way to 36 points, helping the Memphis Grizzlies rout the Indiana Pacers 110-97 on Wednesday night.

Vince Carter had 21 points and eight rebounds, and Zach Randolph finished with 17 points as Memphis snapped a four-game losing streak. Conley went 13 for 21 from the field.

Paul George led the Pacers with 22 points, Aaron Brooks, who provided an early spark from outside the arc, had 18 points, and Thaddeus Young finished with 16.

Indiana lost for the fourth time in five games.

Memphis played without All-Star center Marc Gasol, who missed his third straight game with a left foot strain. But Conley helped the Grizzlies get off the fast start, and Pacers were never able to catch up.

Memphis led by as many as 22 in the second quarter and carried a 72-53 advantage into the break. Conley scored 22 points in the first half, and the Grizzlies went 10 for 17 from beyond the arc in the first two periods.

Brooks made four 3-pointers and scored 14 in the first half for Indiana.

The Grizzlies led 96-79 after three, and the sliding Pacers never threatened in the fourth.

Indiana (37-38) dropped into a tie with Miami for the last spot in the Eastern Conference playoff race. Both are two games behind Milwaukee and Atlanta.

The Heat, Bucks and Hawks all won Wednesday night.

TIP-INS

Pacers: Brooks made a 3-pointer in the first quarter to reach 800 for his career. … Indiana dropped to 0-8 in road games on the second night of a back-to-back.

Grizzlies: JaMychal Green was out with left shoulder soreness. That caused Memphis to use its 22nd different starting lineup this season. … Memphis scored 38 points in the first quarter, matching its highest point total for any quarter this season. … Memphis has made at least 10 3-pointers in 36 games. … In the third quarter, Carter passed Ray Allen (24,505) for 22nd in NBA history for career points scored. … Reserve guard Andrew Harrison left in the third quarter with a right ankle injury.

PACERS HOMECOMINGS

Pacers forward Thaddeus Young played high school basketball in Memphis and still lives there. Pacers guard Monta Ellis has a home in the Eads community east of Memphis.

HOME STRETCH

Memphis (41-34), which sits seventh in the Western Conference playoff race, has a beneficial schedule down the stretch. Of its seven remaining games, five are at home, and five are against teams with losing records.

UP NEXT

Pacers: Visit Toronto on Friday.

Grizzlies: Host the Dallas Mavericks on Friday.

Three Mavericks teammates restrain Devin Harris, who still gets ejected (video)

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NEW ORLEANS (AP) — Dallas guard Devin Harris was ejected from Wednesday night’s 121-118 loss to New Orleans after angrily protesting calls made by official Ben Taylor.

Harris was assessed two quick technical fouls by Taylor, the first after Harris protested Taylor’s decision to whistle him for a personal foul when he collided with Pelicans’ guard Jordan Crawford.

The impact with Crawford sent Harris crashing to the court, marking the second time in the period that Harris had gone down hard. The first time, no foul was called when a collision with Pelicans’ guard E'Twaun Moore left Harris flat on his back.

When Harris was assessed the first technical, he went into a tirade and had to be restrained by teammates as he advanced toward Taylor. That triggered his ejection.

Bucks’ Malcolm Brogdon beats shot clock, Celtics with dagger (video)

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Who should win Rookie of the Year?

Joel Embiid has been, by far, the best rookie while on the court, but a season-ending injury will limit him to just 31 games. Malcolm Brogdon has been next best over the full course of the season. Dario Saric is making a heck of a finishing kick, and with a couple weeks left, he can still catch Brogdon.

But Brogdon got his own late signature moment in the Bucks’ 103-100 win over the Celtics tonight.

With the Bucks up one in the final seconds and the shot clock nearing expiration, Brogdon hit an off-balance jumper with 3.9 seconds left to produce the final margin.

Milwaukee’s win drops Boston (48-27) to second in the Eastern Conference, behind only the Cavaliers (47-26). The Bucks (39-36) keep pace with the Hawks in a tie for fifth.

Russell Westbrook scores most points ever in triple-double, 57

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Russell Westbrook led a double-digit comeback in the final minutes of the fourth quarter. Been there done, that.

Westbrook hit a defining buzzer-beating 3-pointer. Been there done, that.

Westbrook posted a historic triple-double. Been there, done that.

All three in one game?

That’s a new level for Westbrook, who lifted the Thunder to a 114-106 win over the Magic tonight while posting an incredible stat line: 57 points, 13 rebounds and 11 assists.

James Harden scored 53 in a triple-double just this season, and Westbrook has already one-upped that record.

This MVP race is one for the ages.